September 25, 2019 / 9:47 AM / 23 days ago

S.Korea's Myongshin to build EVs for Chinese brand at ex-GM plant

SEOUL, Sept 25 (Reuters) - South Korean auto parts maker Myongshin, which bought a shuttered General Motors’ factory, has agreed to supply more than 50,000 electric vehicles a year to Chinese venture Future Mobility Corp (FMC).

A supplier to Tesla Inc, Myongshin signed a deal on Wednesday to manufacture the electric vehicles for FMC’s Byton brand beginning in 2021, the government of Jeonbuk province said in a statement.

Reporting by Heekyong Yang and Hyunjoo Jin; editing by Ju-min Park

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